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Visit our dedicated small business restructuring site for small business owners facing financial distress.
If your business is currently facing financial difficulty, it's important to act with urgency. The Australian Financial Security Authority (AFSA) offers guidance for small business owners facing these challenges. This resource covers recognising your financial position, opening lines of communication with creditors, and understanding the personal stakes involved with business debts. It points to reliable advice sources, ensuring you have the support needed to work through the difficulty.
Further Reading
Title | Short Summary |
|---|---|
SBR eBook for Small Business Owners | A plain-English introduction to Small Business Restructuring for business owners: what the process involves, who may be eligible, and how it differs from other options. |
SBR eBook for Accountants | A step-by-step guide to Small Business Restructuring for accountants and advisers: how the process works, who may be eligible, and how to support clients in distress. |
Insolvency Fact-checker | An interactive tool to help directors and small business owners gauge whether a company may be insolvent and consider early next steps. A starting point, not a substitute for advice. |
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